Franco-Nevada Corporation stock performance trend indicates that the stock price has rallied 11.57% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -7.54% . Looking at the past 52 week period, the stock price is down -1.58% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Franco-Nevada Corporation has a negative value of -7.3 compared to overall market performance.Franco-Nevada Corporation is having a Relative Strength Index of 53.44 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Stocks of Franco-Nevada Corporation (NYSE:FNV) rallied by 3.81% during the past week but lost 3.88% on a 4-week basis. The company has outperformed the S&P 500 by 3.56% in the past week but underperformed the index by 4.98% in the last 4 weeks.
Company shares have received an average consensus rating of Hold for the current week Franco-Nevada Corporation (NYSE:FNV) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.04 points or 0.06% at $64.6 with 1,295,859 shares getting traded. Post opening the session at $64.76, the shares hit an intraday low of $64.3 and an intraday high of $65.4 and the price was in this range throughout the day. The company has a market cap of $11,516 million and the number of outstanding shares has been calculated to be 178,259,490 shares. The 52-week high of Franco-Nevada Corporation (NYSE:FNV) is $81.16 and the 52-week low is $53.31.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Franco-Nevada Corporation was Upgraded by Goldman to Neutral on Feb 9, 2017. Franco-Nevada Corporation was Upgraded by Credit Suisse to Outperform on Jan 13, 2017.
Franco-Nevada Corporation Last issued its quarterly earnings results on Nov 7, 2016. The company reported $0.30 EPS for the quarter, beating the analyst consensus estimate by $ 0.05. Analyst had a consensus of $0.25. The company had revenue of $172.00 million for the quarter, compared to analysts expectations of $161.54 million. The companys revenue was up 65.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.12 EPS.
Franco-Nevada Corporation is a gold focused royalty and stream company with additional interests in platinum group metals and other resource assets. The Companys assets are mostly mineral and oil & gas royalties or streams but also include some working and equity interests, undeveloped properties, options to acquire royalties and other assets. The mineral assets are further characterized by commodity as being in the Gold, PGM or Other Minerals categories and these in turn are further subdivided by their project status as being either, Operating, Advanced or Exploration royalties. Majorities of the Mineral Royalties are characterized as being Gold and the majority of revenues are from gold operations. The Oil & Gas interests are located primarily in the Western Canadian sedimentary basin with a larger amount of revenue generated from conventional oil than from natural gas properties. Franco-Nevada Corporation is headquartered in Toronto, Canada.